Embassy REIT board approves raising up to Rs 2,600 crore via NCDs

Embassy REIT board approves raising up to Rs 2,600 crore via NCDs The debenture committee of the board of directors of the Embassy Office Parks Management Services has approved the issuance of 26,000 listed, rated, secured, redeemable, transferable, rupee denominated NCDs of face value of Rs 10 lakh per debenture, aggregating up to Rs 2,600 crore by Embassy REIT on a private placement basis, it said in a regulatory filing.

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